Kyrgyzstan, Romania agree on income tax treaty
Kyrgyzstan's Ministry of Economy and Commerce announced on 27 February 2026 that officials from Kyrgyzstan and Romania reached an agreement in principle on a new income tax treaty during negotiations held in Bucharest from 23 to 26 February 2026.
See MoreMercosur, Singapore free trade agreement enters into force
The Mercosur-Singapore Free Trade Agreement (MCSFTA) enters into force for Paraguay from 1 February 2026 and Uruguay from 1 March 2026. It is the first trade deal between Singapore and the founding Mercosur members – Argentina, Brazil,
See MoreSingapore: IRAS updates GST registration guide with InvoiceNow requirement for new registrants
The Inland Revenue Authority of Singapore (IRAS) has updated its Guide to completing the GST registration form, with the main change highlighting the InvoiceNow implementation date for all new GST-registrants, including those required to register
See MoreSingapore: GST e-invoicing mandatory for all businesses by 2031, phased rollout begins 2028
The Inland Revenue Authority of Singapore (IRAS) announced, on 26 February 2026, plans to extend the GST InvoiceNow requirement to all GST-registered businesses by April 2031. The move, revealed during the Ministry of Finance Committee of Supply
See MoreMalaysia: IRB opens 2025 corporate income tax return submission
Malaysia’s tax authorities, the Inland Revenue Board of Malaysia (IRB), have announced that income tax return filing has been open since yesterday, 1 March 2026, for the 2025 year of assessment. All individual and non-individual taxpayers must
See MoreTaiwan reminds taxpayers to report auctioned property
Taiwan’s Southern District National Taxation Bureau of the Ministry of Finance has clarified that individuals whose real estate is auctioned by the court are required to report the transaction for consolidated housing and land tax, even if no
See MoreTaiwan extends mobile payment tax incentives for assessed businesses through 2028
Taiwan’s Ministry of Finance has amended and reissued its “Operational Guidelines for Tax Incentives Applicable to Assessed Taxpayers Using Mobile Payments and Multimedia Information Service Machines (KIOSKs)” as part of ongoing efforts to
See MoreTaiwan warns online sellers to issue invoices, pay business tax
Taiwan’s Central District National Taxation Bureau of the Ministry of Finance stated that businesses required to use uniform invoices must issue them in accordance with regulations when operating multiple member accounts or online stores on
See MoreTaiwan: Online sellers must register once sales hit tax threshold
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance has announced that, in accordance with the Ministry of Finance Order Tai-Cai-Shui No. 10904512340 dated 31 January 2020, individuals who sell goods or services online
See MoreTanzania, Singapore discuss finalising income tax treaty
Tanzania's Ministry of Finance and Planning announced on 24 February 2026 that the country’s Minister of Finance held discussions with Singapore’s Ambassador to Tanzania on multiple areas of cooperation, including the expediting of finalising an
See MoreTaiwan: Tax Bureau applies seizures, detention for asset concealment
Taiwan’s National Taxation Bureau of the Northern Area, Ministry of Finance has reinforced that taxpayers who evade tax enforcement by concealing or transferring assets may face provisional seizures and detention under the law. This
See MoreTaiwan: Heirs exempt from business tax on inherited assets
Taiwan’s Kaohsiung National Taxation Bureau of the Ministry of Finance has clarified that heirs who continue a deceased family member’s sole proprietorship are not required to invoice or report inherited inventory and fixed assets for business
See MoreTaiwan reminds professionals to keep proper books to qualify for tax deductions, loss offsets
Taiwan's Central District National Taxation Bureau of the Ministry of Finance has reminded professionals, including doctors, lawyers, and accountants, that they are legally required to maintain accounting books and preserve supporting
See MoreHong Kong proposes global minimum tax implementation in 2026-27 budget
Hong Kong’s Financial Secretary Paul MP Chan delivered the 2026-27 Budget on 25 February 2026. Under the theme of "Driving High-quality, Inclusive Growth with Innovation and Finance," the budget introduces a mix of one-off relief measures and
See MoreJapan, Ukraine negotiate to update IPA
The Japanese Ministry of Foreign Affairs announced on 20 February 2026 that the fourth round of negotiations with Ukraine on revising the Investment Protection Agreement (2015) took place from 17 to 19 February 2026. Both parties committed to
See MoreIndonesia: DJP establishes specific criteria for identifying domestic, foreign tax subjects
Indonesia's Directorate General of Taxation (DJP) issued Regulation PER-23/PJ/2025, which was enacted on 9 December 2025, establishing the specific criteria for identifying domestic and foreign tax subjects. It defines domestic subjects as
See MoreMoldova, Bangladesh to negotiate for tax treaty
Moldova and Bangladesh have agreed to negotiate for a bilateral tax treaty aimed at preventing double taxation and promoting investment protection 18 February 2026. Deputy Prime Minister and Foreign Minister Mihai Popșoi met with Bangladeshi
See MoreTaiwan highlights common errors in corporate income tax filings
The Northern District National Taxation Bureau of the Ministry of Finance issued guidance yesterday, 24 February 2026, ahead of the filing period for the 2025 Profit-Seeking Enterprise Income Tax Return and the 2024 Undistributed Earnings Return,
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